Asia File Corporation Bhd (KLSE:ASIAFLE) - Stock Price, News & Analysis

ASIAFLE Stock Overview

Asia File Corporation Bhd., an investment holding company, manufactures and markets filing and stationery products.

ASIAFLE fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (9.5x) is below the MY market (16.5x)

Revenue is forecast to grow 6.2% per year

Earnings grew by 41.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Does not have a meaningful market cap (MYR436M)

Unstable dividend track record

Asia File Corporation Bhd. Competitors

Daythree Digital Berhad

KLSE:DAY3

RM170.4m

Unique Fire Holdings Berhad

KLSE:UNIQUE

RM110.0m

CWG Holdings Berhad

KLSE:CWG

RM44.2m

Fima Corporation Berhad

KLSE:FIMACOR

RM419.7m

Price History & Performance

Summary of all time highs, changes and price drops for Asia File Corporation Bhd
Historical stock prices
Current Share Price	RM2.24
52 Week High	RM2.33
52 Week Low	RM1.70
Beta	0.53
1 Month Change	-0.89%
3 Month Change	9.27%
1 Year Change	27.27%
3 Year Change	-4.68%
5 Year Change	-8.57%
Change since IPO	49.19%

Recent updates

Increases to CEO Compensation Might Be Put On Hold For Now at Asia File Corporation Bhd. (KLSE:ASIAFLE)

Sep 22

Asia File Corporation Bhd (KLSE:ASIAFLE) Is Increasing Its Dividend To MYR0.035

Aug 28

Asia File Corporation Bhd's (KLSE:ASIAFLE) Upcoming Dividend Will Be Larger Than Last Year's

Jul 31

Asia File Corporation Bhd (KLSE:ASIAFLE) May Have Issues Allocating Its Capital

Jun 14

A Look At The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Jun 06

Has Asia File Corporation Bhd (KLSE:ASIAFLE) Got What It Takes To Become A Multi-Bagger?

Mar 14

Calculating The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Feb 21

Is Asia File Corporation Bhd (KLSE:ASIAFLE) A Risky Investment?

Feb 06

Asia File Corporation Bhd's (KLSE:ASIAFLE) Shareholders Are Down 57% On Their Shares

Jan 20

What We Learned About Asia File Corporation Bhd's (KLSE:ASIAFLE) CEO Compensation

Jan 02

How Much Of Asia File Corporation Bhd. (KLSE:ASIAFLE) Do Insiders Own?

Dec 12

We're Watching These Trends At Asia File Corporation Bhd (KLSE:ASIAFLE)

Nov 24

Shareholder Returns

	ASIAFLE	MY Commercial Services	MY Market
7D	1.8%	-0.05%	1.8%
1Y	27.3%	16.8%	12.1%

Return vs Industry: ASIAFLE exceeded the MY Commercial Services industry which returned 16.8% over the past year.

Return vs Market: ASIAFLE exceeded the MY Market which returned 12.1% over the past year.

Price Volatility

Is ASIAFLE's price volatile compared to industry and market?
ASIAFLE volatility
ASIAFLE Average Weekly Movement	3.1%
Commercial Services Industry Average Movement	6.6%
Market Average Movement	5.1%
10% most volatile stocks in MY Market	10.9%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: ASIAFLE has not had significant price volatility in the past 3 months.

Volatility Over Time: ASIAFLE's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	n/a	Soon Lim	www.asia-file.com

Asia File Corporation Bhd., an investment holding company, manufactures and markets filing and stationery products. It operates in Filing Products and Consumer and Food Ware Products segments. The company offers plastic folders, sheet protectors, flat files, filing/storage boxes, lever arch files, ring/presentation binders, clipboards and clipfolders, indexes and dividers, Manila files and folders, suspensions files, labels and paper products, desk and office accessories, document presentation products, ring file/binders, envelopes, marker and whiteboard accessories, and other office stationeries.

Asia File Corporation Bhd. Fundamentals Summary

How do Asia File Corporation Bhd's earnings and revenue compare to its market cap?
ASIAFLE fundamental statistics
Market cap	RM436.02m
Earnings (TTM)	RM45.99m
Revenue (TTM)	RM300.45m

9.5x

P/E Ratio

1.5x

P/S Ratio

Is ASIAFLE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASIAFLE income statement (TTM)
Revenue	RM300.45m
Cost of Revenue	RM188.01m
Gross Profit	RM112.44m
Other Expenses	RM66.45m
Earnings	RM45.99m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	37.42%
Net Profit Margin	15.31%
Debt/Equity Ratio	0%

How did ASIAFLE perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

44%

Payout Ratio

Does ASIAFLE pay a reliable dividends?

See ASIAFLE dividend history and benchmarks

When do you need to buy ASIAFLE by to receive an upcoming dividend?
Asia File Corporation Bhd dividend dates
Ex Dividend Date	Apr 30 2024
Dividend Pay Date	May 23 2024
Days until Ex dividend	4 days
Days until Dividend pay date	27 days

Does ASIAFLE pay a reliable dividends?

See ASIAFLE dividend history and benchmarks

ASIAFLE Stock Overview

Rewards

Risk Analysis

Asia File Corporation Bhd. Competitors

KLSE:DAY3

RM170.4m

KLSE:UNIQUE

RM110.0m

KLSE:CWG

RM44.2m

KLSE:FIMACOR

RM419.7m

Price History & Performance

Recent News & Updates

Upcoming dividend of RM0.035 per share

New minor risk - Dividend sustainability

Third quarter 2024 earnings released: EPS: RM0.071 (vs RM0.033 in 3Q 2023)

Asia File Corporation Bhd. Announces Resignation of Tai Yit Chan as Joint Secretary

Asia File Corporation Bhd. Appoints Low Seow Wei as Joint Secretary

Upcoming dividend of RM0.035 per share at 1.7% yield

Recent updates

Upcoming dividend of RM0.035 per share

New minor risk - Dividend sustainability

Third quarter 2024 earnings released: EPS: RM0.071 (vs RM0.033 in 3Q 2023)

Asia File Corporation Bhd. Announces Resignation of Tai Yit Chan as Joint Secretary

Asia File Corporation Bhd. Appoints Low Seow Wei as Joint Secretary

Upcoming dividend of RM0.035 per share at 1.7% yield

Price target increased by 9.6% to RM2.01

Asia File Corporation Bhd. Announces Single Tier First Interim Dividend for the Financial Year Ending 31 March 2024, Payable on February 7, 2024

Others Asia File Corporation Bhd. Declares Single-Tier First Interim Dividend in Respect of the Financial Year Ending 31 March 2024

Others Asia File Corporation Bhd. Declares Single-Tier First Interim Dividend in Respect of the Financial Year Ending 31 March 2024

Price target decreased by 7.4% to RM1.50

Asia File Corporation Bhd. Approves a Final Single Tier Dividend for the Financial Year Ended 31 March 2023

Upcoming dividend of RM0.035 per share at 1.9% yield

Increases to CEO Compensation Might Be Put On Hold For Now at Asia File Corporation Bhd. (KLSE:ASIAFLE)

New major risk - Revenue and earnings growth

Asia File Corporation Bhd (KLSE:ASIAFLE) Is Increasing Its Dividend To MYR0.035

Full year 2023 earnings: EPS and revenues miss analyst expectations

Asia File Corporation Bhd's (KLSE:ASIAFLE) Upcoming Dividend Will Be Larger Than Last Year's

Asia File Corporation Bhd., Annual General Meeting, Sep 29, 2023

Asia File Corporation Bhd. Announces Retirement of NG CHIN NAM as Independent and Non Executive Chairman of Nomination and Remuneration Committee, Effective June 30, 2023

Full year 2023 earnings released: EPS: RM0.16 (vs RM0.22 in FY 2022)

Price target decreased by 9.4% to RM1.73

Third quarter 2023 earnings released: EPS: RM0.033 (vs RM0.04 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.04 (vs RM0.044 in 2Q 2022)

Price target decreased to RM1.91

Upcoming dividend of RM0.02 per share

Price target decreased to RM1.96

Full year 2022 earnings released: EPS: RM0.22 (vs RM0.24 in FY 2021)

High number of new directors

Asia File Corporation Bhd., Annual General Meeting, Sep 29, 2022

Asia File Corporation Bhd. Announces Final Single Tier Dividend for the Financial Year Ended March 31, 2022, Payable on October 27, 2022

Asia File Corporation Bhd. Appoints Chua Hooi Luan as Independent and Non Executive Member of Audit Committee

Asia File Corporation Bhd (KLSE:ASIAFLE) May Have Issues Allocating Its Capital

Asia File Corporation Bhd. Recommends Final Single Tier Dividend

Full year 2022 earnings released: EPS: RM0.22 (vs RM0.24 in FY 2021)

Price target decreased to RM2.31

Insufficient new directors

Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Asia File Corporation Bhd. (KLSE:ASIAFLE) completed the acquisition of Supportive Technology Sdn. Bhd. from ACME Holdings Berhad (KLSE:ACME).

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of RM0.015 per share

Asia File Corporation Bhd. (KLSE:ASIAFLE) entered into a Share Sale Agreement Supportive Technology Sdn. Bhd. from ACME Holdings Berhad (KLSE:ACME) for MYR 21.5 million.

First quarter 2022 earnings released: EPS RM0.086 (vs RM0.003 in 1Q 2021)

A Look At The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

Full year 2021 earnings released: EPS RM0.24 (vs RM0.19 in FY 2020)

Has Asia File Corporation Bhd (KLSE:ASIAFLE) Got What It Takes To Become A Multi-Bagger?

Third quarter 2021 earnings released: EPS RM0.089 (vs RM0.059 in 3Q 2020)

New 90-day high: RM2.50

Calculating The Fair Value Of Asia File Corporation Bhd. (KLSE:ASIAFLE)

New 90-day high: RM2.36

Is Asia File Corporation Bhd (KLSE:ASIAFLE) A Risky Investment?

Asia File Corporation Bhd's (KLSE:ASIAFLE) Shareholders Are Down 57% On Their Shares

New 90-day high: RM2.23

What We Learned About Asia File Corporation Bhd's (KLSE:ASIAFLE) CEO Compensation

How Much Of Asia File Corporation Bhd. (KLSE:ASIAFLE) Do Insiders Own?

Second quarter 2021 earnings released: EPS RM0.065

We're Watching These Trends At Asia File Corporation Bhd (KLSE:ASIAFLE)

New 90-day low: RM1.79

Asia File Corporation Bhd. Announces Executive Changes, with Effect from 1 December 2020